Accounting Profit vs. Economic Profit someone

genuinecfa

Can someone clarify? Thanks!

leadcfa

True… but I must admit that Moms get a lot of stuff for a bargain from offspring because of the discounted value of future services (unemployment insurance, future babysitting, and possibly a lump sum at expiration).
;)

maxmeomeo

I see, I will never miss this question again…
The moral of the story: one should always check with mom (for any implicit cost in not obeying her) before massaging Alessandra Ambrioso.
You guys rock. Thanks!

rohitdoshi

Economic profit is usually smaller. Includes normal profit (profit that could have been made elsewhere), economic depreciation (not accounting dep) anything that is an implicit and explicit cost